57 Addison AvenueLake Illawarra NSW 2528
Property Details for 57 Addison Ave, Lake Illawarra
57 Addison Ave, Lake Illawarra is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Last Listing description (August 2016)
Another SOLD by Right Choice, make us your choice....Set on 701sqm of land this original cottage oozes opportunity plus. Nestled in beautiful Lake Illawarra, only metres from the lake shoreline, shops, schools and Beach. The neat home offers a choice of two sunrooms, two bedrooms plus a neat and tidy kitchen and bathroom. The huge yard is ideal for kids and large shed, workshop and garage, whilst the large block with R3 residential zoning lends itself to future redevelopment (subject to Council approval).
The Money Maker Awaits!
Re-Development Potential
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Property History for 57 Addison Ave, Lake Illawarra, NSW 2528
- 22 Jun 2016Sold
- 22 Jun 2016Sold for $507,000
- 15 Jun 2016Listed for Sale Contact Agent
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0About Lake Illawarra 2528
The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Lake Illawarra in 2011 was 3,087 people. By 2016 the population was 3,167 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Illawarra is 50-59 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation. In 2011, 46% of the homes in Lake Illawarra were owner-occupied compared with 46.8% in 2016.
Lake Illawarra has 2,019 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 73.27% increase in median value, while Units have seen a 55.51% increase. As at 31 October 2024:
- The median value for Houses in Lake Illawarra is $889,660 while the median value for Units is $662,315.
- Houses have a median rent of $580 while Units have a median rent of $540.
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